Question

a)Find the Interest and amount paid
at the end of 5 years for a sum

of ₹8200 at the rate of 5% p.a.​

Answer 1

Answer:₹2050Step-by-step explanation:We have,P = ₹8200, R = 5% per annum, T = 5 yearsRate of interest = 5% per annumi.e., Interest on ₹100 for 1 year = ₹5 Interest on ₹100 for 5 years = ₹ (5 × 5) Interest on ₹1 for 5 years = ₹ (5×5×1/100) Interest on ₹8200 for 5 years = ₹(5×5×1/100×8200)= ₹ 5 × 5 × 1 × 82= ₹ 2050

Hope it helps ☺️